Research and Innovation
Research is the transformation
of money into knowledge
Innovation is the transformation
of knowledge into money
-Geoffrey Nicholson, 3M
(Inventor of the Post-It Note)
The Tech Research Enterprise
led by faculty, powered by ideas, focused on innovation
Intellectual
Rigor
Interdisciplinary
Colleges
Problem
Solving
Translational
Systems
Focus
Market
Focus
Global
Impact
Economic
Research
Development
(GTRI)
(EI2)
Transition
to Use
*Georgia Tech Research Institute, Enterprise Innovation Institute
Elements of Interdisciplinary Research
People
Resources
Culture
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•
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•
Define strategic areas, guided and cluster hiring
Empowered, incentivized, rewarded
Creativity, flexibility, competitive
Return-on-Investment in individual
• National focus on bigger projects, team orientation
(NSF, NIH, DARPA) – FP7/8, ANR
• Investments in facilities and individuals
• Creating environments (2004 National Acad Report)
•
•
•
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Foster creativity, creation of transformative ideas
Focus on innovation
Provide incentives for transformative research
Collaboration and mobility in community
Market centric focus on research
Big Data – High Performance Computing, Computational Science, …
Biotechnology – Joint GT/Emory bioengineering program
Electronics and Nanotechnology –largest clean room in US
Energy and Sustainability- 15 centers, more than 70 faculty
Infrastructure – Water, Transportation, Urban Systems, …
Manufacturing and Logistics – ranked #1 for 21 years
Materials – Carbon-based Electronics, Composites, …
National Security
Paper Science and Technology
People and Technology – Policy, New Media, Enterprises, Health
The 3 I’s
Innovation = Insight + Invention + Implementation
Key attributes
• An ecosystem that supports and values all 3 I’s
• Willingness to experiment and take risks
• Interdisciplinary problem solving culture
• Collaborative partnerships are fundamental
Building an Innovation
Ecosystem
Signs
of Life
Nutrients
Natural
Selection
Renewal
Growth
Incubation
6
Enterprise Innovation Institute
Nutrients
• Recruiting research
talent—worldwide
• Seed funding (city, state,
nation, alumni)
• A culture of creativity
and new ideas
7
Enterprise Innovation Institute
Signs of Life
• Emphasis on
interdisciplinary
research
• Research centers
– Over 100 on campus
8
Enterprise Innovation Institute
Natural Selection
• Intellectual property
protection
• VentureLab
• GRA Phase I and II
awards
• GT Edison Fund
• SBIR Assistance
Commercialization Services
9
Enterprise Innovation Institute
Incubation
• Advanced Technology
Development Center
(ATDC)
• Ga. Seed Capital Fund
• National VC attention
Entrepreneur Services
10
Enterprise Innovation Institute